George Soros is Chairman of Soros Fund Management and Chairman of the Open Society Foundations. A pioneer of the hedge-fund industry, he is the author of many books, including
The Alchemy of Finance, The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What it Means, and The Tragedy of the European Union.

@Bohdan & @Alarik ... as opposed to Reuters or NYT or Economist comments sections - yes - more often than not I see commentators on PS are indeed experts, or at the very least well educated on the topic they choose to comment on. Not in aggregate - because users like Yuryi' and slightly optimistic & the like comment on almost every post, but those that comment on special occasion when they have legitimate discourse to add - usually shed a great deal of light on their chosen topic. Just click the user's name and read their other comments. I've seen some incredibly intelligent and informed users on this site.

As for George Soros... please, read about Mr. Soros' personal and monetary interest in Ukraine - http://www.larouchepub.com/other/2004/3148ukraine.html

The article will suddenly make much more sense. I'm a Canadian with Ukrainian and Russian roots that has followed this mess from the very beginnings in nov 2013 before it was "TV", and I am absolutely disgusted at the way our government & your government use us as sheep to legitimize and support their aggressive adventurism abroad.

Stayed tuned for my series, "La Put[a]in du Guerre", which, by offer a range of appropriated visual imagery from various media outlets, emphasizes the farcical tone of this unfolding political and military conflict.

If I understand the check boxes below, and how they are checked, everyone who is a user is also an expert. I must have it wrong; such a conclusion is scarcely tenable. Indeed, it's kind of funny, as it points up the essential flaw such commentary, especially so much on-line commentary.

As for the ad hominem comments directed at Soros, they are very distasteful. That they are mostly wrong is almost beside the point. One can only imagine that their actual ambition is merely to negate or tear down. Tant pis!

A fundamental point being argued is there are no enforceable rules to protect international property. Russia's case seems to be that property rights are secondary - the Kremlin has a new foreign-policy principle to defend the undefined rights of Russian speakers wherever they live [in Alaska and China, for example] .
This surely spells chaos.

“... while Ukraine’s people demonstrated their desire for association with the EU”. I beg your pardon? Large parts of “Ukraine’s people” did not participate in the elections. The puppet preferred by Washington who made it can be bought by the highest bidder.

“... the euro crisis transformed the EU into something radically different”. I beg your pardon? People are sick and tired of the bureaucracy and EU’s expansionism.

“... Russia is emerging as a dangerous rival to the EU, one that has global geopolitical ambitions and is willing to use force”. I beg your pardon? The West has reneged on its word not to expand NATO to Russia’s borders, it staged a coup in Ukraine, installed a fascist regime. Who would not react?

“... [Putin’s] effort to weaken America’s global dominance, in part by seeking an alliance with China, has resonated favorably in the rest of the world.” I beg your pardon? The West has belittled the Russian Federation, insulted it, encircled it... Putin is resisting being bullied by Uncle Sam, and rightly so!

“Using violence in Kyiv’s Maidan”. I beg your pardon? You are not implying that it was Russia who used violence, are you? The snipers were fascists, that has been established beyond any doubt.

“a new Ukraine that is determined not to become part of a new Russian empire...”. I beg your pardon? Where are your sources? What the heck are you implying? A “new Ukraine” wants to become an EU-member, a NATO-member? Get real, please. Don’t take your readers for fools...

“...the security forces ... are demoralized and not necessarily loyal to the new leadership.” That says it all. They do not recognize the new “leadership’s” legitimacy! Why should they kill compatriots?

"Guarantees of this kind have a peculiar feature: the more convincing they are, the less likely they are to be invoked" ... and there again asymmetry shows up again in design. Seems any design of value must have an underlying asymmetry to it.

Other Mr. Rebentisch and Mr. Daley who commented on the substance of the argument presented, the remaining comments are typical for Russian trolls. My guess is that they make a few cents per post. It would be nice if instead of making money they made sense.

I would argue that what you describe as "a relationship of creditors and debtors in which the creditor countries impose conditions that perpetuate their dominance" is a misinterpretation of the backers of political union. It turns those politicians who undermined a) the Maastricht conditions and undermined their b) national ratings for bond market-based solutions into victims of external creditors willing to "perpetuate their dominance".

New Comment

It appears that you have not yet updated your first and last name. If you would like to update your name, please do so here.

Pin comment to this paragraph

After posting your comment, you’ll have a ten-minute window to make any edits. Please note that we moderate comments to ensure the conversation remains topically relevant. We appreciate well-informed comments and welcome your criticism and insight. Please be civil and avoid name-calling and ad hominem remarks.

PS OnPoint

The Mueller report in America, along with reports of interference in this week’s European Parliament election, has laid bare the lengths to which Russia will go to undermine Western democracies. But whether Westerners have fully awoken to the threat is an open question.

Log in/Register

Please log in or register to continue. Registration is free and requires only your email address.

Emailrequired

PasswordrequiredRemember me?

Please enter your email address and click on the reset-password button. If your email exists in our system, we'll send you an email with a link to reset your password. Please note that the link will expire twenty-four hours after the email is sent. If you can't find this email, please check your spam folder.